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Alias Born 12/14/2005

Re: orlander_file post# 382

Tuesday, 09/04/2007 2:02:49 PM

Tuesday, September 04, 2007 2:02:49 PM

Post# of 612
Kind of feel sorry about some of the people there. Don't feel sorry for the heavy pumper's who twist things around to make things look good. Globetel has over 70 million of accumulated losses and what do they have to show for it.
A strat that is no more then a glorified airbag.
A 49% stake in Mexico moving at a snails pace.
To raise any money will cause major dilution.
Sad, they had the right ideas at the right time and blew everything.
Even if they got the Strat freefloating you would still have to question their ability to be able to do things right the first time something which they have never been able to accomplish.

"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."

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